UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
MOONEY, Michael C
8000 Towers Crescent Drive
Suite 1350
Vienna, VA 22182
2. Date of Event Requiring Statement (Month/Day/Year)
8/1/98
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Docucon, Inc. (DOCU)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Senior Vice President
Federal Government Programs
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Beneficially Owned
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1)Title of Security 2)Amount of 3) 4)Nature of
Securities D Indirect
Beneficially or Beneficial
Owned I Ownership
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<S> <C> <C> <C>
<CAPTION>
Table II Derivative Securitites Beneficially Owned
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1)Title of Derivative Security 2)Date Exercisable 3)Title and Amount of 4)Conver- 5)Ownership 6)Nature of
and Expiration Date Securities Underlying sion or Form of Indirect
(Month/Day/Year) Derivative Security exercise Derivative Beneficial
price of Security Ownership
Date Expira- Amount or Deri- Direct(D)
Exer- tion Number of vative or
cisable Date Title Shares Security Indirect(I)
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<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option (right to06/09/99 06/08/09 Common Stock 12,500 $2.000 D Direct
buy) (1) (2)
Incentive Stock Option (right to07/10/99 07/09/09 Common Stock 20,150 $2.060 D Direct
buy) (1) (3)
<FN>
Explanation of Responses:
(1)
Employee stock option (right to buy) granted pursuant to the Docucon, Inc. 1988 Employee Stock Option Plan, in reliance upon the
exemption provided by former Rule 16b-3.
(2)
Incentive stock option becoming exercisable in equal installments over a three-year period, at the rate of 33% per year commencing
one year after the date of grant.
(3)
Incentive stock option becoming exercisable in various increments over a six-year period one year after the date of grant.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ MOONEY, Michael C
DATE 09/01/98
